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Gilbane, Strada Development Break Ground on Affordable Tower in Castle Hill/Soundview
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City and state officials joined Gilbane, Strada Development LLC and the Center for Urban Community Services (CUCS) to break ground on 1920 Turnbull, a $175-million affordable and supportive housing development located at 1920 Turnbull Ave. in the Castle Hill/Soundview neighborhood of the Bronx.

1920 Turnbull will deliver a 22-story building with 228 affordable rental apartments, including 137 permanent supportive housing units for formerly homeless individuals and families. The community will also include a 24/7 staffed lobby, outdoor recreation space, a fitness room, community room, bike storage, laundry facilities and other resident-focused amenities. CUCS will operate a 3,500-square-foot onsite office space. Completion is anticipated in March 2029.

1920 Turnbull is the first of two planned buildings, with Phase 2 set to add 207 additional affordable apartments, 18% of which will be supportive housing. Construction is planned to begin within the next year, pending city approvals

The post Gilbane, Strada Development Break Ground on Affordable Tower in Castle Hill/Soundview appeared first on Connect CRE.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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